7 Park Ave - Office FOR SALE


Gaithersburg, MD 20877
$750,000 USD
301-509-8820
7 Park Ave, Gaithersburg, MD for Sale
$750,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

7 Park Ave
Gaithersburg, MD 20877


HIGHLIGHTS

  • Freestanding office building with full basement and garage
  • Updated systems: electrical, plumbing, HVAC under 7 years old
  • Rear ramp for step-free access and ADA convenience
  • Private lot parking plus adjacent public garage with 692 spaces
  • One block to MARC train station, dining, and retail amenities

OVERVIEW

Positioned in the heart of Gaithersburg’s vibrant Olde Towne district, 7 Park Avenue presents a rare opportunity to acquire a freestanding office building with exceptional accessibility and charm. This two-story property offers approximately 2,161 square feet of rentable office space, complemented by a full basement with a separate exterior entrance—ideal for storage, expansion, or specialized use. The building’s systems, including electrical, plumbing, HVAC, and heating, have all been updated within the last seven years, ensuring operational efficiency and reduced capital expenditures for the next owner. A standout feature is the freestanding two-car garage, perfect for secure parking or equipment storage. The rear ramp provides step-free access, enhancing ADA compliance and convenience. Private lot parking is available behind the building, and a public garage with 692 spaces is located just steps away across E. Diamond Avenue. The property is one block from the MARC train station and surrounded by a variety of restaurants and retail options, making it highly attractive for professional services, medical, or boutique office users. With a lot size of 9,640 square feet, this site offers flexibility for future enhancements or redevelopment. Whether for owner-occupancy or as a strategic investment, 7 Park Avenue delivers location, functionality, and long-term value in one of Montgomery County’s most walkable and transit-connected submarkets.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C2

APN/PARCEL ID

09-00843193

ASK ABOUT THIS PROPERTY

Neil DraddyJay Clogg Realty Group, Inc.More Info
301-509-8820

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Neil DraddyJay Clogg Realty Group, Inc.More Info
301-509-8820

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.